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2000-10-02 CC Agenda Packet
ALBERTVILLE CITY COUNCIL AGENDA October 2, 2000 7:00 PM 1. CALL TO ORDER — ROLL CALL — ADOPT AGENDA 2. MINUTES a. September 18, 2000, City Council Meeting 3. CITIZEN FORUM - (io Minute Limit) 4. CONSENT AGENDA a. Approve payment of claims 5. DEPARTMENT BUSINESS a. Public Works • Public Works Report b. Planning & Zoning • Site & Building Plan — Outlets at Albertville Two c. Engineering (1) Discuss letter from St. Michael re: 50`h Street & Barthel Industrial Drive (2) Letter from Wright County re: Towne Lakes development (3) Comprehensive Plan for land north of I-94 (4) Discussion on I-94/CR19 Interchange (5) Drainage Issue — County Road 19 Ditch & 57`h Street area (6) Shared Parking Lot Layout & Cost Estimates (City Park/STMA Ice Arena) d. Legal (1) Ordinance #2000-13 (An Ordinance Requiring the Establishment of an Escrow to Secure the Installation of Required Improvements for New Residential Construction) City Council Agenda October 2, 2000 Page 2 of 2 e. Administration (1) Resolution #2000-29 (Resolution Authorizing the Negotiation of the Sale of $2,550,000 General Obligation Sewer Revenue Bonds, Series 2000A) (2) Tax Impact Statement (3) Albert Barthel Property — Consider purchase offer 6. ADJOURNMENT I E In ALBERTVILLE CITY COUNCIL September 18, 2000 Albertville City Hall 7:00 PM PRESENT: Mayor John Olson, Councilmembers Keith Franklin, Bob Gundersen, Gary McCormack, and John Vetsch, City Engineer Pete Carlson, City Attorney Mike Couri, City Planner Cindy Sherman, and City Administrator -Clerk Linda Goeb Mayor Olson called the regular meeting of the Albertville City Council to order. The agenda was amended as follows: • Add Item 6e(3) — Fire Hall Update • Add Item 6d(3) — Update on lawsuits re: grass Gundersen made a motion to approve the agenda as amended. Franklin seconded the motion. All voted aye. McCormack made a motion to approve the minutes of the September 5, 2000, meeting as presented. Vetsch seconded the motion. Olson, McCormack, Vetsch and Franklin voted aye. Gundersen abstained. The motion carried. Mayor Olson asked if anyone present wished to address the Council under the Citizen Forum portion of the agenda. Ray Meyer, representing the Cottages of Albertville Townhouse Association, reported that the ditch along County Road 19 does not drain adequately. The Council directed the city engineer to check the area and report back to the next meeting regarding how the problem can be corrected and who is responsible for the repairs. Wayne Kessler and Dean Eggert, representing the STMA Hockey Arena Board, asked the council to consider building a shared parking lot directly east of the arena. Since the Council has authorized the construction of a baseball field at City Park, the original proposal to construct a 75 stall parking lot entirely on City property is not longer feasible. The Council directed the city engineer to check into the possibility of building a joint parking lot located on both the city's and the arena's property. Gundersen made a motion to approve payment of Check #'s 13569 — 13605 as presented. Franklin seconded the motion. All voted aye. Gundersen made a motion to approve a 3.2 Malt Liquor License for the Albertville Lions on September 223, 2000, from 4:00 PM to 8:00 PM at the Lions Shelter in City Park. Franklin seconded the motion. All voted aye. Gundersen made a motion to approve RESOLUTION #2000-28 titled RESOLUTION APPROVING INCREASE IN LEVY CERTIFICATION FOR YEAR 2001 PAYABLE TAXES. Franklin seconded the motion. All voted aye. L ALBERTVILLE CITY COUNCIL September 18, 2000 Page 2 of 5 Allison Becker, representing the Wright County Health Department, reported on Project Northland. Project Northland is a project aimed at reducing the access and onset of alcohol use among youth. It was designed to involve the youth, community, school and parents. Ms. Becker may seek a community leader to participate in a survey she plans to conduct later. McCormack made a motion to deny the Public Works Department request to hire a new person in December rather than at the first of the year. Gundersen seconded the motion. All voted aye. Gundersen made a motion to accept both the Public Works Department Report and the Water/Wastewater Department Report as presented. Vetsch seconded the motion. All voted aye. Planner Cindy Sherman reported on the concept plan presented for the Leander Heuring property by Leuer-Munstertieger, Inc. The developer is seeking to rezone the commercial portion of the property from B-2 to B-3. The Planning Commission reviewed the concept plan and was not in favor of a rezoning at this time. The Commission indicated that a zoning change could be considered in the future with a specific application. If the use requiring a zoning change were compatible with adjacent residential uses and if an appropriate buffer was provided, it would be considered. The Commission did not feel it was appropriate to amend the zoning without a specific use in mind. The Commission direction was to proceed with the preliminary plat on the residential portion of the plan and for the zoning to remain as it exists. Scott Dahlke, representing the developers, indicated the rezoning was proposed to enable the developer to market the parcel as suitable for a restaurant. The Council agreed that they will consider rezoning the parcel to B-3 when a specific application for a use is made. Planner Sherman reviewed the concept plan for the Albert Villas 41h Addition. The developer is requesting a PUD zoning, but in light of the ordinance recently adopted by the Council regarding PUD standards, staff feels that proposed development does not meet the criteria necessary for the PUD zoning. The proposal was reviewed by the Planning Commission as a concept at the last meeting. The Planning Commission concluded that the plan as submitted was not eligible for a PUD, but that if modified and enhanced, it could meet the criteria. The Commission stated the following changes should be incorporated into any future PUD submittals: (1) Up to one half the lots may be designed with 100' widths. (2) Up to one half the lots may be designed with a minimum 90' width. (3) Standard side yard setbacks will apply. (4) Park adjacent to the "lake " shall be eliminated and a 30'-40' trail corridor be provided. ALBERTVILLE CITY COUNCIL September 18, 2000 Page 3 of 5 (5) Park dedication shall be cash fees in lieu of land. (6) Sidewalks shall connect with sidewalks in St. Michael (7) A Landscape Plan shall be provided with the Development Stage Plan. Without the modifications outlined the Commission consensus was to apply the R-1 A regulations to the site without variance or flexibility. The developer indicated he is agreeable to making the necessary changes to the plat. The Council discussed the Planning Commission's recommendations and concurred that two additional items should be included on the list of changes necessary to meet the PUD criteria: (8) Proof of higher standards in buildings and landscaping. (9) Preservation of trees, vegetation and wetlands. McCormack made a motion approving the consideration of a PUD zone for the Albert Villas 4th Addition, provided the seven conditions established by the Planning Commission, plus the two additional conditions as determined by the Council, are met by the developer in the Development State Preliminary Plat. Vetsch seconded the motion. All voted aye. City Engineer Pete Carlson presented the bid tabulations for the 2000 Barthel Industrial Drive Improvement Project. Only two bids were received and Dennis Fehn Gravel & Excavating is the low bidder at $133,237.80. In addition to the bid, Carlson suggested the Council consider between $2000-$3000 additional cost for gravel to alleviate the drainage problem at the rear of the residential property abutting the Fehn property. McCormack made a motion to adopt RESOLUTION 92000-27 titled RESOLUTION AWARDING CONTRACT FOR THE 2000 BARTHEL INDUSTRIAL DRIVE IMPROVEMENT PROJECT, to include extra gravel for the drainage correction (total cost of the bid award not to exceed $136,000), and to fund the project through an intra- fund loan from the Storm Water Fund. Olson seconded the motion. Olson and McCormack voted aye. Franklin, Gundersen and Vetsch voted no. The motion failed. Franklin made a motion to adopt RESOLUTION #2000-27 titled RESOLUTION AWARDING CONTRACT FOR THE 2000 BARTHEL INDUSTRIAL DRIVE IMPROVEMENT PROJECT, to include extra gravel for the drainage correction (total cost of the bid award not to exceed $136,000), and to fund the project by using $36,000 from the Capital Project budget and by establishing an intra-fund loan of $100,000 from the Storm Water Fund. Gundersen seconded the motion. McCormack, Olson, Gundersen and Franklin voted aye. Vetsch voted no. The motion carried. Carlson discussed the using a four-way stop sign at the Barthel Industrial Drive, 501h Street and MacIver Avenue intersections. Carlson feels that even though the intersection is ALBERTVILLE CITY COUNCIL September 18, 2000 Page 4 of 5 misaligned and some confusion may result with the four-way stop, it will be a safer intersection with any accident occurring at lesser speed with the stop signs. Gundersen made a motion to approve the installation of four-way stop signage as discussed and to authorize Pete Carlson to contact the City of St. Michael regarding the signage. Franklin seconded the motion. All voted aye. The Council discussed having the Fire Department review commercial buildings along with Kevin Mealhouse, the building inspector. The Council directed the building official and the fire department to work out an arrangement that suits each of the parties. City Attorney Couri presented the Developer's Agreement for the Albert Villas 2nd Addition. He explained that the surety required by the agreement provides $500,000 in a cash escrow account and the remaining $365,000 will be provided in a letter of credit. Couri will clarify the park dedication requirements detailed in Paragraph 15 B relating to the costs of the trail along County Road 18. Franklin made a motion to approve the Developer's Agreement for the Albert Villas 2na Addition with the park dedication requirement clarified by the attorney. McCormack seconded the motion. Franklin, McCormack, Gundersen and Olson voted aye. Vetsch voted no. The motion carried. The Council reviewed Ordinance #2000-13 and asked the attorney to revise the ordinance in such a way that the builder is required to put up the escrow if a certificate of occupancy is requested prior to completion of all items. The Council will review the revised ordinance at the next meeting. Court updated the Council on the progress with the lawsuits against the four property owners who have not seeded or sodded their yards. Couri reviewed the first right of refusal document with Albert and Pam Barthel for the property adjacent to the City Hall property. Gundersen made a motion to attempt to negotiate another 30 day right of refusal agreement, if necessary. Franklin seconded the motion. All voted aye. Vetsch made a motion to authorize hiring temporary office help for the period October 30 through November 17 while the administrator is on vacation. Gundersen seconded the motion. All voted aye. The Council agreed to have Mayor Olson and Councilmember Franklin meet with staff and John Darkenwald to discuss a potential commercial development. ALBERTVILLE CITY COUNCIL September 18, 2000 Page 5 of 5 City Administrator Goeb updated the Council on the status of the fire hall floor. The final epoxy layer on the apparatus bay floor should be completed this week. McCormack made a motion to adjourn at 8:50 PM. Gundersen seconded the motion. All voted aye. John A. Olson, Mayor Linda Goeb, City Administrator CLAIMS LIST October 2, 2000 Check No. Vendor Amount 13625 BRIDGET MILLER 28.60 13626 CONSTRUCTION BULLETIN 229.40 13627 DELTA DENTAL 231.00 13628 ESCHELONTELECOM, INC. 23.95 13629 FEDERATED PROPANE 610.28 13630 FIRSTAR TRUST COMPANY 87.50 13631 GAGNON PRINTING 365.97 13632 JOHN MIDDENDORF 112.00 13633 KEN LINDSAY 7.23 13634 LEAGUE OF MINNESOTA CIIES 2,260.00 13635 MEDICA 3,735.30 13636 MIDWEST ANALYTICAL SERVICES 142.00 13637 MILLER TRUCKING/LANDSCAPING SU 238.56 13638 MINNEGASCO 74.00 13639 MINNESOTA COPY SYSTEMS 172.68 13640 MINNESOTA DEPT. OF REVENUE 582.43 13641 MOBILE LOCK & SAFE CO. 22.36 13642 NCPER S GROUP LIFE INSURANCE 12.00 13643 NEWMAN TRAFFIC SIGNS 30.20 13644 OFFICE MAX 162.63 13645 OLSON & SONS ELECTRIC 941.50 13646 S.E.H./R.C.M. 61,164.30 13647 Void 13648 SECURITY STATE BANK OF MAPLE L 3,679.52 13649 SPRINT 624.95 13650 VERIZON 13.75 13651 WRIGHT COUNTY TREASURER 3,713.92 13652 WRIGHT HENNEPIN ELECTRIC 24.41 TOTAL BILLS 79,290.44 CITY OF ALBERTVILLE Thursday, September28, 2000 Check Detail Register Page 1 of 4 Check Amt Invoice Comment 10100 Security State Bank Unpaid BRIDGET MILLER E 101-41300-331 Travel Expenses $26.10 Mileage E 101-41940-210 Operating Supplies (GENERAL) $2.50 Coffee Filters Total BRIDGET MILLER $28.60 Unpaid CONSTRUCTION BULLETIN E 101-49300-660 Capital Projects Reserve $229.40 CB113754 Advertisement for Bids Total CONSTRUCTION BULLETIN $229.40 Unpaid DELTA DENTAL E 101-45100-130 Employer Paid Ins (GENERAL) E 601-49450-130 Employer Paid Ins (GENERAL) E 602-49400-130 Employer Paid Ins (GENERAL) E 101-41300-131 Employer Paid Health E 101-41400-131 Employer Paid Health E 101-43100-130 Employer Paid Ins (GENERAL) Total DELTA DENTAL Unpaid ESCHELONTELECOM, INC. $46.20 Dental Insurance $23.10 Dental Insurance $23.10 Dental Insurance $46.20 Dental Insurance $46.20 Dental Insurance $46.20 Dental Insurance $231.00 E 101-41300-200 Office Supplies (GENERAL) $23.95 47888 Internet Service Total ESCHELONTELECOM, INC. $23.95 Unpaid..._FEDERATED PROPANE, E 601-49450-383 Gas Utilities $610.28 15382 Propane Total FEDERATED PROPANE $610.28 Unpaid FIRSTAR TRUST COMPANY E 354-47000-620 Fiscal Agent's Fees $87.50 Total FIRSTAR TRUST COMPANY $87.50 ,.GAGNON�.PRINTING� E 601-49450-203 Printed Forms E 602-49400-203 Printed Forms E 604-49960-203 Printed Forms E 601-49450-203 Printed Forms E 602-49400-203 Printed Forms E 604-49960-203 Printed Forms Total GAGNON PRINTING Unpaid JOHN MIDDENDORF $60.22 14067 $60.22 14067 $60.22 14067 $61.77 14093 Billing Cards $61.77 14093 Billing Cards $61.77 14093 Billing Cards $365.97 E 601-49450-208 Training and Instruction $112.00 Reimburse for Tuition Total JOHN MIDDENDORF $112.00 E 101-43100-331 Travel Expenses $7.23 Reimbursement Total KEN LINDSAY $7.23 Unpaid"� LEAGUE OF MINNESOTA CITES E 101-41100-433 Dues and Subscriptions $2,260.00 Annual Membership Dues Total LEAGUE OF MINNESOTA CIIES $2,260.00 CITY OF ALBERTVILLE Thursday, September28, 2000 Check Detail Register Page 2 of 4 Check Amt Invoice Comment - ,,.,,..��,..�;,, Unpaid MEDICA E 601-49450-130 Employer Paid Ins (GENERAL) E 602-49400-130 Employer Paid Ins (GENERAL) E 101-41300-131 Employer Paid Health E 101-41400-131 Employer Paid Health E 101-43100-130 Employer Paid Ins (GENERAL) E 101-45100-130 Employer Paid Ins (GENERAL) Total MEDICA $373.53 100275115311 Group Insurance $373.53 100275115311 Group Insurance $747.06 100275115311 Group Insurance $747.06 100275115311 Group Insurance $747.06 100275115311 Group Insurance $747.06 100275115311 Group Insurance 40:5, r sS.sU UnFaid �IVIIDWEST ANALYTICAL SERVICES E 601-49450-218 Testing Expenses $142.00 115760 WWTF Testing Total MIDWEST ANALYTICAL SERVICES $142.00 Unpaid MILLER TRUCKING/LANDSCAPING SU E 101-42000-521 C/O - Fire Hall $123.54 52194 Landscaping Materials E 101-42000-521 C/O - Fire Hall $115.02 52331 Landscaping Materials Total MILLER TRUCKING/LANDSCAPING SU $238.56 MINNEGASCO E 101-45100-383 Gas Utilities $74.00 Total MINNEGASCO $74.00 U...ri:- � _ " , ,.„ ,._.�.. � "_" ,. �� .._......� n,,paid MINNESOTA CO-PPY-Y. SYSTE,.-"MM",S E 101-41400-200 Office Supplies (GENERAL) $172.68 90620 7/25/00 to 9/24/00 Total MINNESOTA COPY SYSTEMS $172.68 Unpaid MINNESOTA DEPT. OF REVENUE G 101-21702 State Withholding $582.43 September State Income Tax Total MINNESOTA DEPT. OF REVENUE $582.43 Unpaid.�,� E 101-41100-200 Office Supplies (GENERAL) $22.36 42400 Three F.D. Keys Total MOBILE LOCK & SAFE CO. $22.36 Unpaid F� _.1-1, �,� a v , NCPER S GROUP LIFE INSURANCE � � � _ M __ _ _ 1 ._� ., „, G 101-21710 Other Deducations $12.00 Payroll Deduction Total NCPER S GROUP LIFE INSURANCE $12.00 Unpaid NEWMAN TRAFFIC SIGNS E 101-43100-226 Sign Repair Materials $30.20 TI-0055737 Speed Limit Sign Total NEWMAN TRAFFIC SIGNS $30.20 Unpaid OFFICE MAX E 101-41300-200 Office Supplies (GENERAL) $162.63 Office Supplies Total OFFICE MAX $162.63 UnPaid� OLSON &SONS ELECTRIC E 601-49450-404 Repair/Maint - Machinery/Equip $365.93 20522 Repair Baldor 5HP Motor E 601-49450-404 Repair/Maint - Machinery/Equip $575.57 20586 Repair Aerator Total OLSON & SONS ELECTRIC $941.50 Unpaid S.E.H./R.C.M. CITY OF ALBERTVILLE Thursday, September 28, 2000 Check Detail Register Page 3 of 4 Check Amt Invoice Comment E 449-49000-303 Engineering Fees $55.00 67676 62nd Street Imp E 454-49450-303 Engineering Fees $1,802.80 67677 SW Lift Station E 201-45200-303 Engineering Fees $1,955.00 67678 City Park E 438-49000-303 Engineering Fees $212.50 67679 CCN 3rd E 101-41700-303 Engineering Fees $1,253.60 67680 General E 450-49000-303 Engineering Fees $9,505.72 67681 Albert Villas 2 E 438-49000-303 Engineering Fees $1,622.86 67682 CCS 4th E 101-43100-224 Street Overlayment $2,494.82 67683 Engineering E 101-49300-650 Working Capital Reserves $1,075.00 67684 Engineering E 453-49000-303 Engineering Fees $6,824.60 67685 Kollville Estates E 450-49000-303 Engineering Fees $1,886.08 67686 Albert Villas E 446-49000-303 Engineering Fees $696.10 67712 Fire Hall E 460-49450-303 Engineering Fees $24,958.40 67827 Engineering & RPT Services E 460-49450-303 Engineering Fees $2,830.00 67828 Plans & Specs E 101-41700-303 Engineering Fees $3,991.82 68285 Mall Traffic Light Total S.E.H./R.C.M. $61,164.30 SECU.«w RITY STATE BANK OF MAPLE L G 101-21703 FICA Tax Withholding $447.72 Medicare G 101-21701 Federal Withholding $1,317.40 Federal Income Tax G 101-21703 FICA Tax Withholding $1,914.40 Social Security Total SECURITY STATE BANK OF MAPLE L $3,679.52 UnPaid% SPRINT E 101-42000-321 Telephone $34.28 497-7474 E 101-41940-321 Telephone $109.21 E 101-41940-321 Telephone $124.48 497-3384 E 101-41940-321 Telephone $89.99 Long Distance Calls E 101-41940-321 Telephone $42.07 497-9993 E 101-41940-321 Telephone $39.69 497-3106 E 101-42000-321 Telephone $34.28 497-4836 E 101-41940-321 Telephone $32.42 497-3210 E 101-43100-321 Telephone $32.42 497-3145 E 101-43100-321 Telephone $32.42 497-0774 E 101-45100-321 Telephone $26.77 497-2215 E 601-49450-321 Telephone $26.92 497-1888 Total SPRINT $624.95 Unpaid VERIZON E 101-42000-321 Telephone $13.75 Fire Department Cell Phone Total VERIZON $13.75 UnPaid .WRIGHT COUNTY„ TREE ASURER E 601-49450-210 Operating Supplies (GENERAL) E 101-41800-200 Office Supplies (GENERAL) E 101-41800-200 Office Supplies (GENERAL) E 101-45100-595 City Special Assessments Total WRIGHT COUNTY TREASURER $177.00 101-500-364100 $923.92 101-500-011228 $1,257.00 101-060-000050 $1, 356.00 101-022-000010 $3,713.92 Unpaid WRIGHT HENNEPIN ELECTRIC�� E 101-43160-381 Electric Utilities $9.05 E 101-43160-381 Electric Utilities $7.68 Greenhaven Street Lights CITY OF ALBERTVILLE Thursday, September28, 2000 Page 4 of 4 Check Detail Register Check Amt Invoice Comment E 101-43160-381 Electric Utilities $7.68 Greenhaven Street Lights Total WRIGHT HENNEPIN ELECTRIC $24.41 10100 Security State Bank $79,290.44 50'. CITY OF ALBERTVILLE MEMORANDUM TO: Mayor and City Council FROM: Tim Guimont, Public Works Supervisor DATE: September 29, 2000 SUBJECT: PUBLIC WoRKs REPORT TRAIL SYSTEM — Last year we talked about the problems we were having with snowmobiles on the trails. Now we have been having some complaints about golf carts on the trails. I was thinking of placing some "No Motorized Vehicle" signs along the trail. How many and how far apart? Would the police be able to enforce this? OAKSIDE PARK — We have re -seeded Oakside Park and have been watering it two times a week. TG:bmm N MEMORANDUM NORTHWEST ASSOCIATED CONSULTANTS COMMUNITY PLANNING - DESIGN - MARKET RESEARCH TO: Albertville Mayor and City Council FROM: Cindy Sherman DATE: September 28, 2000 RE: JMJ properties — Outlets at Albertville Phase II FILE NO: 163.06 - 00.31 The Planning Commission reviewed the PUD amendment and site plan for Phase II of the outlet mall at their meeting on September 13, 2000. The Commission voted 4-1 to recommend approval of the request as outlined in the findings of fact and recommendation with the provision that a timeline and financing options for the proposed interchange at County Road 19 and 1-94 be provided to the City Council. Since the Planning Commission meeting staff has had the opportunity to meet with the applicant to discuss the issues related to the proposal. Based on this meeting, the applicant has submitted revised plans to the City. Unfortunately as of the writing of this memo the plan is still with the US Postal Service somewhere between the NAC office and City Hall! Attached is a draft findings of fact and recommendation based on the Commission review and original site plan. Staff will provide a verbal update at the City Council meeting as to any changes recommended to conditions as outlined based on the revised plans submitted. c. Linda Goeb 10-02-00 CITY OF ALBERTVILLE City Council Findings of Fact & Recommendation -PUD Amendment -Site Plan Applicant's Name: JMJ Properties Inc. Request: JMJ Properties, Inc. has submitted applications for site plan and PUD amendment approval for development of a 59,500 square foot retail building to be located on Lot 1, at the Albertville Outlet Mall. The PUD amendment is requested to provide for a lager building (additional 10,000 square feet), reduction of parking spaces (332 to 297), and reduction of required screening. The subject site is located directly east of the existing mall and north of the main access drive. The site consists of 41.17 acres of land and is zoned Planned Unit Development. The expansion is considered to be Phase II of the Outlets at Albertville. City Council Meeting Date: October 2, 2000. Findings of Fact: Based on review of the application and evidence received the City Council now makes the following findings of fact and recommendation. 1. The legal description of the subject property is Lot 1, Block 1, Outlets at Albertville. 2. The Planning Report dated September 13, 2000 and Memorandum dated September 7, 2000 prepared by NAC, Inc. are incorporated herein. 3. The Memorandum from S.E.H. dated September 5, 2000 is incorporated herein. 4. The requirements of the Site Plan and Planned Unit Development sections of the City Zoning Ordinance have been met. Recommendation: Based on the foregoing considerations and applicable ordinances, the applicant's request for site plan and PUD amendment are recommended for Approval based on the most current plans and information received to date, subject to the following conditions: 1. All grading, drainage, utility, transportation and parking lot circulation plans are subject to review and approval of the City Engineer. 2. The applicant obtains all required driveway, utility and other permits required by Outlets at Albertville Phase II Expansion 1 PUD Amendment Site Plan CC FoF & Recommendation Wright County. 3. The site plan should be amended to show parking stalls with a depth of 20 feet as opposed to 18 feet as currently shown on the plan. 4. The site plan should be amended to show a minimum drive aisle width of 24' as opposed to the 28' shown on the plan. 5. All proposed loading areas shall be striped, posted and located outside of the 24' drive lanes. 6. All proposed garbage containers and recycling areas shall be designated on the site plan, located within enclosed structures that are made of similar materials as are proposed for the principal building and shall be screened from view of the north and east properties/CSAH 19. 7. A truck circulation plan should be submitted by the applicant demonstrating that the proposed turning radius at the northeast, northwest and southwest corners of the parking lot/access drives will accommodate semi -truck trailers. 8. The parking lot and drive aisle access roads, design, circulation, and signage should be subject to the review and approval of the City Engineer, Fire Department, and Wright County. 9. The landscape plan should be amended to show that the front and side yards will be sodded. 10.The landscape plan should be amended to provide for the screening required by the Zoning Ordinance. 11. The landscape plan should be amended to provide screening along the north side of the lot to screen the parking lot, trash dumpsters, and loading areas. 12. Landscape/screening materials that are lost due to transportation/parking lot improvements recommended by the City Engineer should be relocated within the drive islands and/or other areas of the site including the building planters, and east side of the lot. 13.An irrigation system should be installed on site to ensure survivability of all required landscape/screening materials. Outlets at Albertville Phase II Expansion 2 PUD Amendment Site Plan CC FoF & Recommendation 14.The lighting plan should be required meeting the illumination and glare performance standards of the Zoning Ordinance. 15. The building and site shall be subject to the same sign plan criteria that are in effect for the rest of the PUD. 16.A sidewalk should be installed along the east side of the north/south access drive (located on the west side of the proposed building) along with a sidewalk on the south side of the Ralph Lauren shop to connect the two retail areas. 17. A 3' raised concrete stoop should be located along the north and west sides of the building to protect people utilizing the merchandise/employee entrance doors. 18. A sidewalk easement and 5' concrete sidewalk shall be installed by the developer adjacent to CSAH 19 as indicated by the Albertville Park and Trail Comprehensive Plan. The location of said easement and sidewalk shall be subject to review and approval of the City Engineer. 19. Payment of all required fees. 20. Comments and conditions of the Planning Commission, City Council, City Staff, Consultants and/or any other person/agency responsible for review of this application. Adopted by the Albertville City Council this 2nd day of October 2000. Attest: Linda Goeb, City Administrator City of Albertville By: John A. Olson, Mayor Outlets at Albertville Phase II Expansion 3 PUD Amendment Site Plan CC FoF & Recommendation NORTHWEST ASSOCIATED ( NINC COMMUNITY PLANNING - DESIGN - M MEMORANDUM TO: Albertville Planning Commission Linda Goeb, City Administrator FROM: Deb Garross, Senior Planner DATE: September 7, 2000 RE: Albertville - JMJ Outlet Center Phase II - Site Plan FILE NO: 163.06 — 00.31 INTRODUCTION JMJ Properties, Inc. is requesting site plan approval for development of a 59,800 square foot retail building to be located on Lot 1, at the Albertville Outlet Mall. The subject site is located directly east of the existing mall and north of the main access drive. The site consists of 41.17 acres of land and is zoned Planned Unit Development. The expansion is considered to be Phase II of the Outlets at Albertville. RECOMMENDATION To date, the applicant has submitted the site grading, utility and pavement plans but has not submitted the site plan, building elevations, proposed exterior materials, landscape and lighting plans or floor plans. Without the aforementioned plans, we are unable to conduct a site review for the project. The City Engineer has reviewed the grading, utility and pavement plans and has provided comments which are attached for review of the Planning Commission. There are a number of important issues associated with the access, parking and site development that need to be further addressed by the applicant. It is recommended that the Planning Commission review the Engineering plans and comments at the September 13th meeting and provide guidance to the applicant on the major issues associated with the project. Attached for Reference: Exhibit A - Site Location/Zoning Exhibit B — Review Memo from S. E. H. Exhibit C - 1998 Site Plan Exhibit D - Site Grading, Utility and Paving Plan (Sheets 1-5) 5775 WAYZATA BOULEVARD, SUITE 555 ST. LOUIS PARK, MINNESOTA 5541 6 PHONE 612-595-9636 FAX 612-595-9837 E-MAIL NAC@WINTERNET.COM ISSUES The grading plan indicates that the proposed building footprint contains 59,800 square feet and the parking lot has been designed to provide for 299 parking stalls with 6 stalls designated as handicap accessible. The building footprint is approximately 10,100 square feet larger than the building size indicated on the original site plan (49,700 square feet). To accommodate a larger building, the footprint has been increased from the original 100 x 497' footprint to the 100 x 598' proposed footprint. The number of parking spaces has been reduced from the original 332 stalls to 297 parking stalls. The increased size of the building coupled with the decrease in parking stalls is problematic due to the following factors: ■ The existing mall facility is not able to accommodate the parking demand that has been generated to date. ■ The proposed parking is about 2 stalls short of the minimum requirement. ■ There is not sufficient area remaining to provide for required screening and landscaping. 2. The larger footprint has further restricted drive aisles and based upon utilizing standard templates, the turning radius is insufficient for truck traffic within the access drive located at the northwest corner of the building. Truck turning movements will not clear the northwest corner of the building if vehicles are parked in the stalls shown along the north property line. 3. The plan proposes to utilize a similar drive aisle/parking arrangement on the north (back) side of the new building as is currently in place for the outlet mall. The plan indicates parallel parking spaces along the edge of the parking lot with cement pads for trash dumpsters. The experience with the existing mall is that this parking arrangement/drive aisle does not work. Based upon several site inspections, the parallel parking spaces are utilized for the storage of delivery containers, boxes, pallets, extra trash containers, garbage and refuse and angle parking. Trash dumpsters are often not located on the dumpster pads, are not screened and are often insufficient to hold the trash, recycling and freight used by the retail tenants. The result is that the drive aisle is compromised in that vehicles/boxes/merchandise crates are parked/located in the drive aisle either alongside of the building, in designated parking stalls and outside of the dumpster locations. This situation is serious because it impedes traffic flow and could block access for emergency vehicles. The Albertville Fire Department has cited this matter as an issue as well. 4. The building footprint and parking lot take up nearly the entire area of Lot 1 leaving little room for required landscaping and screening. It is anticipated that the City Engineer will seek to incorporate additional turn lanes and wider drive aisle widths which will take up even more of the little remaining areas for landscaping/screening. Screening along the north .side of the building (parking lot, dumpsters and 2 mechanical equipment areas) should be east side of the building. Consideration within the drive islands and foundation some degree of landscaping for the site. provided as well as landscaping along the should be given to the installation of trees plantings near to the building, to provide 5. The plan indicates that a 20' wide sidewalk area will be located along the front (south side) of the building and a 10' wide sidewalk is proposed along the east side of the building. There are no provisions for sidewalks to provide pedestrian links between the existing buildings and the proposed building. At a minimum, a sidewalk should be installed along the east side of the north/south access drive (located on the west side of the proposed building) along with a sidewalk on the south side of the Ralph Lauren shop to connect the two retail areas. For safety reasons, a 3' raised concrete stoop should be located along the north and east sides of the building to protect people utilizing the merchandise/employee entrance doors. The doors at the existing outlet mall open directly into drive lanes and offer no protection to people utilizing the entrances. Additionally, the revised Park and Trail Comprehensive Plan calls for a 5' concrete sidewalk to be installed adjacent to CSAH 19 as part of the Albertville trail system. 6. The plan indicates one parking lot access on the south side of the lot and the use of the existing freight driveway located on the west side of Lot 1 as the parking circulation plan. The freight driveway is located about 160' east of the main parking lot entrance to the existing mall. Traffic is extremely congested at the existing parking lot entrance and the use of the freight driveway will likely exacerbate the situation, which will be repeated at this access. 7. The Planning Report and follow-up memorandum from Liz Stockman (dated August 6 and November 18, 1998 respectively) outline the issues identified at that time of the original outlet mall site plan review that are relevant and/or directly associated to the subject site: a. Site plan must show locations of all trash/recycling containers and the means by which they will be screened. Given the 8'8" width of the trash containers, the 25' rear access drive does not allow enough space for screening which still allowing the passing of vehicles and use of employee parking spaces when a delivery truck is unloading. The access drive should be widened. b. Site plan must be revised to show a 20' easement along the entire frontage of Lot 1, adjacent to the CSAH 19 right-of-way to accommodate a future 10' trail. This will affect the parking lot layout of the future expansion area on Lot 1. The parking arrangement for this future phase must be revised, although it may abut the required 20' easement. c. The future expansion area on Lot 1 must also be revised to indicate better circulation for trucks to rear loading areas. Trucks should not share the main driveway into this portion of the development, as they likely could not make some 3 of the turns shown. It is suggested that the rear driveway of the future development be connected to the rear loading area driveway behind the adjacent building to be constructed in phase one. A second outlet for trucks should be provided which does not require use of the main driveway. d. Detailed elevation drawings have not been submitted to NAC showing exact building heights, designs, and materials. The elevation drawings should also include signage details as appropriate. e. Parking stalls are lengthened to 20 feet and parking aisles are reduced to 24 feet to comply with the City Zoning Ordinance. f. The landscape plan is revised to provide additional screening of side and rear building areas. 9. Issues identified by the City Engineer in the attached memo from S.E.H. dated September 5, 2000. ACTION REQUESTED The Planning Commission is requested to review the Engineering Plans, comments from the City Engineer and the issues identified herein and provide feedback to the applicant. The site plan review should be continued to the October 11, 2000 Planning Commission meeting to allow the applicant to provide the required submittals for review. All of the required submittals for site plans identified herein shall be submitted for review of the City Engineer, City Attorney, City Fire Department, City Building Inspections, Wright County Highway Department and City Planner by no later than September 18, 2000, to be considered at the October 11, 2000, Planning Commission meeting. pc: Mike Couri, Pete Carlson, Wayne Stark, Kevin Mealhouse, Chad Cichos, Virgil Hawkins, Jim Povich, Terry Herman, JMJ Properties Inc. Jim Morse and Steve Smallbone JMJ Properties Inc. 107 Sinclair Drive Muskegon, MI 49441 Terry Herman John Oliver and Associates, Inc. 580 Dodge Avenue Elk River, MN 55330 2 Virgil Hawkins Wright County Engineer 1901 Highway 25 North Buffalo, MN 55313 Jim Povich Mn/DOT 3725 12th Street North St. Cloud, MN 56303 6\�.wwrT'� �+ +� �� PLANNING REPORT TO: Albertville Planning Commission Linda Goeb, City Administrator FROM: Deb Garross, Senior Planner DATE: September 13, 2000 RE: Albertville - JMJ Outlet Center Phase II - Site Plan - PUD Amendment FILE NO: 163.06 — 00.31 INTRODUCTION JMJ Properties, Inc. is requesting site plan and PUD amendment approval for development of a 59,500 square foot retail building to be located on Lot 1, at the Albertville Outlet Mall. The PUD amendment is requested to provide for a lager building (additional 10,000 square feet), reduction of parking spaces (332 to 297), and reduction of required screening. The subject site is located directly east of the existing mall and north of the main access drive. The site consists of 41.17 acres of land and is zoned Planned Unit Development. The expansion is considered to be Phase II of the Outlets at Albertville. BACKGROUND The site building plans, site plan, building elevations, proposed exterior materials, landscape, lighting and floor plans were not made available to NAC until late in the afternoon of September 11, 2000 six days after the date that the Planning Report was due to the City. This being the case, NAC prepared a memo to the Planning Commission outlining the major issues that need to be resolved prior to approval of the applications. The applicant is concerned that the recommendation to continue the item for further discussion at the October Planning Commission meeting will unduly delay the project and has requested the Planning Commission to act on the proposal at the September 13th meeting. This report should be considered as an addendum to the memorandum dated September 7, 2000. It is recommended that the Planning Commission review the attached plans and forward a recommendation to the City Council. Attached for Reference: Exhibit A - Draft Findings of Fact and Recommendation Exhibit B — Site Plans EXECUTIVE SUMMARY The applicant requests approval for the following: • Site and Building Plans for proposed Lot 1, Block 1, Outlets at Albertville. • PUD Amendment for flexibility to increase the size of the proposed building by 10,000 square feet; reduce the number of required parking stalls, reduce the requirements for landscaping and screening. The requested approvals require that the Planning Commission and City Council consider the applications in relation to the established PUD, Zoning Ordinance review criteria and Comprehensive Plan policies. The decision to approve or deny the requested site/building plans and PUD amendment is viewed as a policy decision to be made by the City Council. Should they find the submitted plans acceptable, it is recommended that the following conditions be imposed. 1. All grading, drainage, utility, transportation and parking lot circulation plans are subject to review and approval of the City Engineer. 2. The applicant obtains all required driveway, utility and other permits required by Wright County. 3. The site plan should be amended to show parking stalls with a depth of 20 feet as opposed to 18 feet as currently shown on the plan. 4. The site plan should be amended to show a minimum drive aisle width of 24' as opposed to the 28' shown on the plan. 5. All proposed loading areas shall be striped, posted and located outside of the 24' drive lanes. 6. All proposed garbage containers and recycling areas shall be designated on the site plan, located within enclosed structures that are made of similar materials as are proposed for the principal building and shall be screened from view of the north and east properties/CSAH 19. 7. A truck circulation plan should be submitted by the applicant demonstrating that the proposed turning radius at the northeast, northwest and southwest corners of the parking lot/access drives will accommodate semi -truck trailers. 2 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan s 8. The parking lot and drive aisle access roads, design, circulation, and signage should be subject to the review and approval of the City Engineer, Fire Department, and Wright County. 9. The landscape plan should be amended to show that the front and side yards will be sodded. 10.The landscape plan should be amended to provide for the screening required by the Zoning Ordinance. 11. The landscape plan should be amended to provide screening along the north side of the lot to screen the parking lot, trash dumpsters, and loading areas. 12. Landscape/screening materials that are lost due to transportation/parking lot improvements recommended by the City Engineer should be relocated within the drive islands and/or other areas of the site including the building planters, and east side of the lot. 13.An irrigation system should be installed on site to ensure survivability of all required landscape/screening materials. 14. The lighting plan should be required meeting the illumination and glare performance standards of the Zoning Ordinance. 15.The building and site shall be subject to the same sign plan criteria that are in effect for the rest of the PUD. 16.A sidewalk should be installed along the east side of the north/south access drive (located on the west side of the proposed building) along with a sidewalk on the south side of the Ralph Lauren shop to connect the two retail areas. 17.A 3' raised concrete stoop should be located along the north and west sides of the building to protect people utilizing the merchandise/employee entrance doors. 18.A sidewalk easement and 5' concrete sidewalk shall be installed by the developer adjacent to CSAH 19 as indicated by the Albertville Park and Trail Comprehensive Plan. The location of said easement and sidewalk shall be subject to review and approval of the City Engineer. SITE PLAN REVIEW The applicant is proposing a retail outlet expansion for Lot 1 that will be located directly east of the existing outlet mall. The following review evaluates the site plan. Building/Parking Lot Setbacks. The proposed building and parking lot areas meet the required setbacks of the B-3 Zoning District. 3 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan I Site Access. The site access is from County Road 19 utilizing the main access to the Outlet Mall. A secondary loading access drive is proposed along the north side of the lot. Site access, signalization, turn lanes, internal parking lot circulation and driveway separation are all major issues to be reviewed and resolved with the City Engineer. Building Appearance. Plan sheets A-4 through A-10 illustrate proposed building elevations and construction details. The proposed plans indicate that the structure will be similar in appearance and architectural style as the existing mall. Exterior finishes include metal roofing (and multi -color (Glade Green, Ocean Blue and Rust) vinyl/polyester awnings. The walls will be a mixture of pre -cast concrete panels and glass window and door fronts. Parking. The Zoning Ordinance requires the following parking for the proposed use: Retail (100' x 589' = 59,800 — 10% = 53,820 =200) =269.1 Number of Handicap spaces required: 5 The site plan provides 297 total parking stalls (with 6 handicap stalls) for Lot 1, which satisfies the required number of parking stalls per the Albertville Zoning Ordinance. ■ The site plan should be amended to show parking stalls with a depth of 20 feet as opposed to 18 feet as currently shown on the plan. ■ The site plan should be amended to show a minimum drive aisle width of 24' as opposed to the 28' shown on the plan. Loading. The site plan does not show designated delivery truck unloading areas however this activity will likely take place at the rear of the building similar to how deliveries are made to the existing mall. As indicated in the Memorandum dated September 7, 2000, the proposed parallel parking, 24' access drive, refuse container location plans are questionable. The plan proposes to utilize a similar drive aisle/parking arrangement on the north (back) side of the new building as is currently in place for the outlet mall. The plan indicates parallel parking spaces along the edge of the parking lot with cement pads for trash dumpsters. The experience with the existing mall is that this parking arrangement/drive aisle does not work. Based upon several site inspections, the parallel parking spaces are utilized for the storage of delivery containers, boxes, pallets, extra trash containers, garbage and refuse and angle parking. Trash dumpsters are often not located on the dumpster pads, are not screened and are often insufficient to hold the trash, recycling and freight used by the retail tenants. The result is that the drive aisle is compromised in that vehicles/boxes/merchandise crates are parked/located in the drive aisle either alongside of the building, in designated parking stalls and outside of the dumpster locations. This situation is serious because it impedes traffic flow and could block access for 4 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan emergency vehicles. The Albertville Fire Department has cited this matter as an issue as well. ■ All proposed loading areas shall be striped, posted and located outside of the 24' drive lanes. All proposed garbage containers and recycling areas shall be designated on the site plan, located within enclosed structures that are made of similar materials as are proposed for the principal building and shall be screened from view of the north and east properties/CSAH 19. Circulation. The internal circulation for the site plan is questionable due to the issues mentioned in the preceding paragraphs and based upon the following. The plan indicates one parking lot access on the south side of the lot and the use of the existing freight driveway located on the west side of Lot 1 as the parking circulation plan. The freight driveway is located about 160' east of the main parking lot entrance to the existing mall. Traffic is extremely congested at the existing parking lot entrance and the use of the freight driveway will likely exacerbate the situation, which will be repeated at this access. The site plan indicates a secondary access along the north side of Lot 1. The spacing, access design, identification and turning movements associated with the northerly access will need to be reviewed and approved by the City Engineer. An access permit will also likely be required from Wright County. The larger footprint has further restricted drive aisles and based upon utilizing standard templates, the turning radius is insufficient for truck traffic within the access drive located at the northwest corner of the building. Truck turning movements will not clear the northwest corner of the building if vehicles are parked in the stalls shown along the north property line. A truck circulation plan should be submitted by the applicant demonstrating that the proposed turning radius at the northeast, northwest and southwest corners of the parking lot/access drives will accommodate semi -truck trailers. The parking lot and drive aisle access roads, design, circulation, and signage should be subject to the review and approval of the City Engineer, Fire Department, and Wright County. Landscaping Plan. The proposed landscaping includes the placement of a mixture of Snow Crabapple, White Spruce, Linden, Nordic Holly and Stella D'Oro Daylilies along the perimeter of the parking lot and within planting areas located on the south side of the building. The following table illustrates the required and proposed landscape materials for the site: 5 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan Standard Required Proposed Front and side yards (and yards that abut a public street) shall be Required Not sodded Shown 1 shade tree or evergreen tree per lot. 1 11 16 ornamental trees or shrubs per street side of non-residential lot. 16 8 trees 60 holly 142 da lil The landscape plan should be amended to show that the front and side yards will be sodded. Screening. The Zoning Ordinance requires that the parking lot be screened from adjacent public streets with landscaping/screening to a height of 4 feet. The screening around the parking lot areas is to consist of a green belt planting strip of evergreen trees and/or deciduous trees and plants and shall be of sufficient width and density to provide an effective visual screen. The planting strip shall be designed to provide complete visual screening to a minimum height of 4 feet. Earth berms may be used but shall not be used to achieve more than 3 feet of the required screen. As an alternative, a screening fence constructed of masonry (e.g.: brick, stone, decorative concrete block, interlocking or mortarless concrete wall systems) wood or metal may be provided. It is anticipated that the City Engineer will seek to incorporate additional turn lanes and wider drive aisle widths, which will eliminate or drastically reduce the landscape areas on the south side of the lot. Screening along the north side of the building (parking lot, dumpsters and mechanical equipment areas) should be provided as well. Consideration should be given to the installation of trees within the drive islands and foundation plantings near to the building, to make up for any areas of screening/landscaping that may be lost due to additional parking lot/drive aisle/turning lane improvements that may be required by the City Engineer. ■ The landscape plan should be amended to provide for the screening required by the Zoning Ordinance. ■ The landscape plan should be amended to provide screening along the north side of the lot to screen the parking lot, trash dumpsters, and loading areas. ■ Landscape/screening materials that are lost due to transportation/parking lot improvements recommended by the City Engineer should be relocated within the drive islands and/or other areas of the site including the building planters, and east side of the lot. ■ An irrigation system should be installed on site to ensure survivability of all required landscape/screening materials. 6 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan Lighting. A lighting plan was not submitted for review. It is suggested that the lighting proposed for the parking lot consist of a box type light fixture that directs light downward as opposed to outward to avoid glare onto 1-94 and adjacent properties. ■ The lighting plan should be required meeting the illumination and glare performance standards of the Zoning Ordinance. Signage. A sign plan was submitted for the PUD at the time that the existing mall was approved. ■ The building and site shall be subject to the same sign plan criteria that are in effect for the rest of the PUD. Sidewalks/Trails. The plan indicates that a 20' wide sidewalk area will be located along the front (south side) of the building and a 10' wide sidewalk is proposed along the east side of the building. There are no provisions for sidewalks to provide pedestrian links between the existing mall and the proposed building. At a minimum, a sidewalk should be installed along the east side of the north/south access drive (located on the west side of the proposed building) along with a sidewalk on the south side of the Ralph Lauren shop to connect the two retail areas. For safety reasons, a 3' raised concrete stoop should be located along the north and east sides of the building to protect people utilizing the merchandise/employee entrance doors. The doors at the existing outlet mall open directly into drive lanes and offer no protection to people utilizing the entrances. Additionally, the revised Park and Trail Comprehensive Plan calls for a 5' concrete sidewalk to be installed adjacent to CSAH 19 as part of the Albertville trail system. ■ A sidewalk should be installed along the east side of the north/south access drive (located on the west side of the proposed building) along with a sidewalk on the south side of the Ralph Lauren shop to connect the two retail areas. ■ A 3' raised concrete stoop should be located along the north and east sides of the building to protect people utilizing the merchandise/employee entrance doors. ■ A sidewalk easement and 5' concrete sidewalk shall be installed by the developer adjacent to CSAH 19 as indicated by the Albertville Park and Trail Comprehensive Plan. The location of said easement and sidewalk shall be subject to review and approval of the City Engineer. RECOMMENDATION The proposed land use is consistent with the Comprehensive Plan and past PUD approvals. The applicant has demonstrated that an adequate building envelope and parking exist on proposed Lot 2 without the need for future setback variances. Based upon our review, we would recommend preliminary plat approval subject to the conditions outlined in the Executive Summary of this report. 7 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan ACTION REQUESTED: A separate motion to approve, deny or conditionally approve the PUD amendment and site plan. In the event that the Planning Commission recommends approval subject to conditions outlined herein, findings of fact have been prepared for the PUD amendment and site plan. Staff should be directed to make the appropriate changes to the findings of fact in the case that additional and/or amended conditions or project denial are recommended. Pc: Linda Goeb, Chad Cichos, Mike Couri, Pete Carlson, Wayne Stark, Wayne Fingleson, Kevin Mealhouse, Jim Povich, Terry Herman, JMJ Properties Inc. 8 Outlets at Albertville Phase II Expansion PUD Amendment Site Plan 9-13-00 CITY OF ALBERTVILLE Planning Commission Findings of Fact & Recommendation -PUD Amendment -Site Plan Applicant's Name: JMJ Properties Inc. Request: JMJ Properties, Inc. has submitted applications for site plan and PUD amendment approval for development of a 59,500 square foot retail building to be located on Lot 1, at the Albertville Outlet Mall. The PUD amendment is requested to provide for a lager building (additional 10,000 square feet), reduction of parking spaces (332 to 297), and reduction of required screening. The subject site is located directly east of the existing mall and north of the main access drive. The site consists of 41.17 acres of land and is zoned Planned Unit Development. The expansion is considered to be Phase II of the Outlets at Albertville. Planning Commission Meeting Date: September 13, 2000. Findings of Fact: Based on review of the application and evidence received the Planning Commission now makes the following findings of fact and recommendation. 1. The legal description of the subject property is Lot 1, Block 1, Outlets at Albertville. 2. The Planning Report dated September 13, 2000 and Memorandum dated September 7, 2000 prepared by NAC, Inc. are incorporated herein. 3. The Memorandum from S.E.H. dated September 5, 2000 is incorporated herein. 4. The requirements of the Site Plan and Planned Unit Development sections of the City Zoning Ordinance have been met. Recommendation: Based on the foregoing considerations and applicable ordinances, the applicant's request for site plan and PUD amendment are recommended for Approval based on the most current plans and information received to date, subject to the following conditions: 1. All grading, drainage, utility, transportation and parking lot circulation plans are subject to review and approval of the City Engineer. 2. The applicant obtains all required driveway, utility and other permits required by Outlets at Albertville Phase II Expansion 1 PUD Amendment Site Plan PC FoF & Recommendation Wright County. 3. The site plan should be amended to show parking stalls with a depth of 20 feet as opposed to 18 feet as currently shown on the plan. 4. The site plan should be amended to show a minimum drive aisle width of 24' as opposed to the 28' shown on the plan. 5. All proposed loading areas shall be striped, posted and located outside of the 24' drive lanes. 6. All proposed garbage containers and recycling areas shall be designated on the site plan, located within enclosed structures that are made of similar materials as are proposed for the principal building and shall be screened from view of the north and east properties/CSAH 19. 7. A truck circulation plan should be submitted by the applicant demonstrating that the proposed turning radius at the northeast, northwest and southwest corners of the parking lot/access drives will accommodate semi -truck trailers. 8. The parking lot and drive aisle access roads, design, circulation, and signage should be subject to the review and approval of the City Engineer, Fire Department, and Wright County. 9. The landscape plan should be amended to show that the front and side yards will be sodded. 10.The landscape plan should be amended to provide for the screening required by the Zoning Ordinance. 11.The landscape plan should be amended to provide screening along the north side of the lot to screen the parking lot, trash dumpsters, and loading areas. 12. Landscape/screening materials that are lost due to transportation/parking lot improvements recommended by the City Engineer should be relocated within the drive islands and/or other areas of the site including the building planters, and east side of the lot. 13.An irrigation system should be installed on site to ensure survivability of all required landscape/screening materials. Outlets at Albertville Phase II Expansion 2 PUD Amendment Site Plan PC FoF & Recommendation =SEN 1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717 TO: Linda Goeb City Administrator Albertville, Minnesota FROM: Peter J. Carlson, P.E. City Engineer DATE: September 5, 2000 RE: Site Plan Review Outlets at Albertville, Phase 2 Albertville, Minnesota SEH No. A-ALBEV 0104.00 14 MEMORANDUM 320.229.4300 800.572.0617 320.229.4301 FAX I have reviewed the above referenced site plan and have the following comments: Sheet C-2 1. A right turn lane should be added to the entrance road for the proposed parking lot. The entrance into the parking lot should be moved approximately 130 feet west. This will allow for additional stacking room in the right turn lane. 2. The width of the entrance road should be designed to allow for 4-lanes of traffic including the right turn lane. The recommended lane widths are 2-16 foot lanes and 2-12 foot lanes. 3. Concrete curb and gutter should be added to the south edge of the pavement at the westerly entrance into the proposed parking lot. This curb will protect the grass area from traffic entering the parking lot. Sheet C-3 1. A hydrant shall be added along the existing north -south driveway that is adjacent to the proposed parking lot. 2. Bollards shall be installed around the hydrants that are shown in the proposed parking lot. 3. The fire department requires a hydrant to be located near the building standpipe. If the standpipe is located in the rear of the building, a hydrant will need to be located in the rear of the building. EXHIBIT B Short Elliott Hendrickson Inc. • Offices located throughout the Upper Midwest Equal Opportunity Employer We help you plan, design, and achieve Site Plan Review September 5, 2000 Page 2 Sheet C-4 1. "Do Not Enter" signs shall be added to the northern access road at CSAH 19. 2. "No Parking, Firelane" signs shall be added along the front of the building. 3. Yellow striping is required around the hydrants in the proposed parking lot. 4. The curb along the front of the building shall be painted yellow. 5. "No Parking Anytime" signs shall be added to the southside of the entrance road The fire department has several outstanding issues that need to be addressed. These issues have previously been sent to the Developer and to the Building Manager. These issues need to be resolved as part of the second phase plan approval - One item regarding the first phase that has come to my attention is the location of the standpipe in the southwest corner of the westerly building. The standpipe has been moved further north, thereby increasing the distance from a hydrant to the standpipe. Because of this change, a hydrant should be added in the southwest corner of the westerly building. 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XN L0'017t ---- - - - - - - o ' g I � �j 1• ALL TRAFFIC il� — MUST CO TURN RIGHT I I O � � f k U o z� of w - 1 I � m �I m f 'm1 : �I T— 0"OOL — N C0 r _ N; i 00'896 "3'3'.d „8,, 0Nimine cJ FO—, CO ¢O �Q 9� R Oa ZSu i'z iz OI _ z O,n D4 Ja Od Od Z Co Y'< ONLY, ONLY o d oN 4779 {' jil or Aluo I L— QZI OI H N �`l i IT f ?' 0 � a 71 1 2 W < m X� ow ca o O mo O J D O 31111 1 Q ANY HIM ON Axa Q 1110d r; Lw11NYN Li 'ONI S3LL83dOHd rvqr 3'11V\18381V iV siTuno Ln --- 3U7,779-°ol -OUI 'ssjjqoosvv r n3a2 4!7 NA , �14 U AR. 0 0 T 0 0 UV, Vim tv IN -7 ff DL—� v10 ?,Z WRIGHT COUNTY = Z DEPARTMENT OF HIGHWAYS N Wright County Public Works Building �6 O 1901 Highway 25 North .4y Buffalo, Minnesota 55313 7 7855 Jct. T.H. 25 and C.R. 138 Telephone: (763) 682-7383 FAX.- (763) 682-7313 September 5, 2000 Mr. Todd McLouth John Oliver & Associates, Inca 580 Dodge Avenue Elk River, MN 55330 RE: Proposed Outlet Mall Phase II Development - Access to CSAH 19 Dear Mr. McLouth: WAYNE A. FINGALSON, P.E. Highway Engineer (763)682-7388 VIRGIL G. HAWIGNS, P.E. Assistant Highway Engineer (763) 682-7387 RICHARD E. MARQUETTE Right of Way Agent (763)682-7386 This letter is to confirm that we have reviewed the preliminary plans prepared by your company, dated 8/21/00. We have reviewed the plans with regard to access to CSAH 19 only. Improvements internal to the site should be reviewed and approved by the City of Albertville's engineer for conformance to City standards. We offer the following comments: 1) An access permit will be required for the proposed new access onto CSAH 19. 2) The geometric design for the revisions to the existing access should be coordinated with the City's engineer (S.E.H., Inc.) who is working on plans for a traffic control signal at the mall access road and CSAH 19. 3) The existing raised concrete median on CSAH 19 will be required to be extended to the North approximately 70 to 75 feet to prevent left turns into the proposed new access onto CSAH 19. 4) Signing for the proposed new access, in addition to the internal signing shown on the plan, will be installed by the County and be reimbursed by the developer. The proposed new access will function as an "exit only" with the following signing: a) "Do Not Enter" signs will be placed on each side of the access, facing CSAH 19. b) "No Left Turn" or "One Way" sign will be placed on the raised concrete median, facing the new access. c) "No U-Turn" sign will be placed at the end of the extended raised concrete median. The access permit should submitted to Richard Marquette of our office for processing. Please call me at 763-682- 7387 if you have any questions or require further information. Sincerely, Virgil G. Hawkins, P.E. Assistant County Engineer cc: Wayne Fingalson, County Engineer Bill Cordell, Senior Traffic Technician Richard Marquette, Engineering Assistant Linda Goeb, City of Albertville Pete Carlson, SEH (St. Cloud) Robert J. Morse, J.M.J. Properties, Inc. File Equal Opportunity / Affirmatiue Action Employer . . . . . . . . . . . . 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A.9m" X 2000 at 9.90 PM z ',1 4 g z 4 cl rn Ilia x a iitiyZ {Zy` {r Sr" N g4gg4gq4�gg4gS.���N rn I:- Id a C yy 7 � I r y 1 1 7 7 7 r r rn 3 3�33 ilt I I lt a �S z eel Ow" ou A qM x 2OW oe.5,26 rN P� Ins • i i ij 1 IiI 11 o ilq� pill 4" - N > - 11MA114 q ;; •� $ Iji 1; r oil Lill tag alla ri 6{�3 N'•P .Q 6NATIpi. MALL 5EGTIONS AND DETAILS �.y� n n{�¶ �Q I�{}� �n /� p�nn jj�j J,eJr The ®lS.t1l elLa (�l1lL a 11Rh(rll 1L�7 RR(?, HH > � �Cl1AHCBAIZV£ tNC v,,.. r �IIYO. Ym1O 1 MIf.M •�• �WIO t 1 .n..0 .1111.1iT w AyY i. 7000...p Afl i3 n^ 1�•1• Q 4W To To � r� T-T r-w r a • 'g ._6 Q �yyzr r-r r YO• W Nw T �Z ---Q i Q till 1 Iv, Rn ; rt, JD fi If ■ • • r r 4 � NVT 10•0W ew I� r-r I9 1 uw To T-W ry • 4 �'71 f•O' riP r� � s-r i+r• r ra' � u >sA lit °3 A�7 7T4 �� f0 lit ---y a j9 g v r C p � Y • i � N vl' ! 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G�ll1 (FTMllll(i RR 1L[MOtMIII• t C LABCBMW� ''^^ VJ ww+lww am r.w« •.s+ �^'t•'�,,,• rn.l., o+. a>.a _+ M(�• YM�4 (/1t) MI-11M IDYY� t t'IgtlTltaOd .mo wt Iww M•OiY K01 r 'G' PARTIAL FOUNDATION PLAN v�v {{.n {} ,�, {} p (� �{� �� �,, n n 17 The ®ul Rel!s alL) Ulb(a l!.V RRe RRCD ' CClLMMAl'IVE� ya°,4 •M Ymm Abatvme �AYM• "JjwiL &—p—W so W.0— A— 4 (419) -740 I Niw• ! -O -o PARTIAL FOUNDATION PLAN •{�''p•{'�y(�//� {I�� �/\�� T(J��(�/��y��'�; FMl]OW 1^�;1^�r�117'I /►�y��,1/�1�• /�ppnn��`\I'nII ���� \�/pRI (//��; II 11 11(T� ®IYLLI Rees VN IY 4 1Y11��Y lY l] 13��V�/ �� 1i 1111V/ COY1VGtIMO ! //� YIY WWI�IYLI�L v' ��1p ■MOIM//// ! wMy / 4 700 Y/A// /•wi/ w T ! CIOY/ (w/Yyr/ (!1/) N7-1W0 I 11iwsaE yAp� fW7o Lt/W bSYi� OUNDATION 5EGTIONS AND DETAILS :.A. Cn g Tw CaIABMffM MThe OutRets (at PlbeTMUe RR a...�q .4 ■M.IM.... MWI.t4 !� Y.rl �. �~ ♦ Y r. .i4,y • "'NI'.4 r.Wdk ar aLa °tGY �/14�my (w.YrM. (.u) M-m y�y tAci j'iLLYIWN{Y ' � u -O u IK z PARTIAL ROOF FRAMINS PLAN t MMMY >� Y.v. �yMI YQt,. ♦ i M ■ yllrl, YMMY IrIM. Pi .iO. itL�y JIV V. (�y..y. (�1�)Ni-)ql y�,yo f1Yla MWGmkmcsotlk r_J —o -- Y Z a Ptl P;� lit q� UILDINS 'G' 'ARTIAL ROOP RRAMIN6 PLAN ru ..... The OutRets at ARb(aTMRR(a RR YMMM4 /00 Wit\, A�\i\ O,�O yAp,p !!lltiwrnll iiwwwrn�t (41/) N7-740 •r'c^�r'^r l"4lYRiO17fY City of 6C ' -6t. Michael `3150 Lander Avenue NE - P.O. Box 337 - St. Michael, MN 55376-0337 - (612) 497-2041 - Fax (612) 497-5306 September 19, 2000 Ms.Linda Goeb City Administrator Albertville City Hall Albertville, MN 55301 Dear Linda: Enclosed, please find a copy of a memo from Jeff Roos to Marc Weigle and me. This is the City's comments on the proposed MacIver Avenue connection to Barthel Drive. Please distribute this to the City Council & Planning Commission. If you have any questions or comments, please call Jeff Roos or me. Sincerely, Robert T. Derus City Administrator cc: Mayor, City Council, & Pete Carlson (SEH Engineers) Engineering • Planning • Surveying is Frank Roos soclates, Inc. MEMORANDUM DATE: August 14, 2000 TO: Bob Derus/Marc Weigle FROM: Jeff Roos SUBJECT: City of St. Michael Barthel Drive/MacIver/50th Street Proposal MFRA #9741 Pete Carlson, Albertville City Engineer, submitted a signing concept for this intersection. The City of Albertville is considering a project which will complete the extension of Barthel Drive to 50th Street Northeast. The following are my comments on the concept plan: 1. This is going to become a busy intersection, and therefore, should be constructed in a safe manner without a jog. 2. It is disappointing that no attempt is made to eliminate or minimize the jog error that was created when the Barthel Drive right-of-way was platted. The most cost-effective time for correction is now, before a permanent roadway is in -place. 3. If Albertville does nothing to correct the jot, then the responsibility falls on the City of St. Michael when it does future improvements to MacIver Avenue Northeast. Perhaps Albertville should post escrow monies with St. Michael to cover future costs for relocating the north end of MacIver Avenue Northeast. 4. The existing driveway immediately adjacent to proposed Barthel Drive has to be removed and redirected to Barthel Drive. sAmainAStM09741:\Correspondence\derus8-14 15050 23rd Avenue North • Plymouth, Minnesota • 55447 phone 7631476-6010 • fax 763/476-8532 e-mail: mfra@mfra.com OV4 p� C WRIGHT COUNTY WAYNE A. FINGALSON, ).E. Z DEPARTMENT OF HIGHWAYS Highway Engineer z (763) 682.7388 111 (� Wright County Public Works Building VIRGIL G. HAWHINS, P.E. i� O 1901 Highway 25 North Assistant Highway Engineer dy Buffalo, Minnesota 55313 (763) 682-7387 7e55 Jct. T.H. 25 and C.R. 138 RICHARD E. MARQUETTE Telephone: (763) 682-7383 Right of way Agent FAX. (763) 682-7313 (763) 682-7386 September 18, 2000 Honorable City Council Members and Planning Commission Members City of Albertville 5975 Main Avenue NE P.O. Box 9 Albertville, MN 55301 RE: Towne Lakes Development, City of Albertville Honorable Mayor, City Council Members, and Planning Commission Members: We have reviewed the planning report submitted to our office that was completed by Northwest Associated Consultants, for the above mentioned development. We offer the following comments regarding impact to County State Aid Highway 37. 1) Approximately 1500 ADT will be added to the frontage road (621 Street NE) entering onto CSAH 37 (based on information in the EAW). The existing frontage road (62,d Street NE) along I-94 enters CSAH 37 at a present location that is not desirable with regard to access spacing. We anticipate that the proposed Towne Lakes Development will result in significant impacts on CSAH 37. 2) It is anticipated that a traffic control signal will be needed at CSAH 37 and the I-94 westbound exit ramp in the near future. The access spacing is not adequate from the CSAH 37/ I-94 ramp intersection to where the proposed development traffic will enter CSAH 37 from the frontage road. We would recommend that a detailed traffic analysis be completed to evaluate traffic impacts to the County Highway system and the State highway system. We trust that this information is helpful to you and if you have any questions or concerns regarding the above comments please call me at 763-68277387. Sincerely, Y u/J Virgil G. Hawkins, P.E. Assistant County Engineer cc: Wayne Fingalson, County Engineer Richard Marquette, Engineering Assistant Bill Cordell, Senior Highway Technician Linda Goeb, City of Albertville ; Deb Garross, Northwest Assoc. Consultants Pete Carlson, SEH, Inc. (St. Cloud) Terry Humbert, MnDOT District 3 (St. Cloud) File Equal Opportunity / Affirmative Action Employer W:\otbev\0103\cod\ol9O4ct2.dgn a m co D E— — — — — — — — — — — 0 - p - - - - - - - - - - - - - - - - - - - - — ---- O OD — — — — — — — — — — — — — — c 0 0 :03 14 �qffi top - 0 0 0 Vt VS6 95 958 O z z 0, UOUTzr PIP !Ecxoo wz C3 Al I 957 wwmm 'co Cr LACHMAN AVEN E I 0 0 -------- -- 955 rA * 958 956 A LA �ly GS6 o mo F r- m < ZZ> i m m C/);K cn 0 I LANDER AVENUE 0 z z 46 40 �y co 0') 0 0 CITY OF ALBERTVILLE WRIGHT COUNTY, MINNESOTA ORDINANCE 2000-13 AN ORDINANCE REQUIRING THE ESTABLISHMENT OF AN ESCROW TO SECURE THE INSTALLATION OF REQUIRED IMPROVEMENTS FOR NEW RESIDENTIAL CONSTRUCTION The City Council of the City of Albertville, Minnesota, hereby ordains as follows: 1. Prior to the issuance of a final certificate of occupancy for any newly - constructed residential dwelling, the person or company requesting the certificate of occupancy shall have installed all improvements to the property upon which the dwelling is located as required by City of Albertville Zoning Ordinance Sections 1000.7(b) and 1200.4(h), the Residential Development Standards as on file with the City Administrator's Office, and all individual lot requirements contained in any applicable Developer's Agreement. 2. In the event a final certificate of occupancy is requested after October 31 of any particular year and before May 151h of the following year, the City may issue the certificate of occupancy, provided the requestor: A. Provides the City with a cash escrow in the amount of 150% of the estimated cost of all improvements required of the property pursuant to paragraph 1 of this ordinance; and B. Enters into an escrow agreement with the City to install said improvements by a date certain as specified by the City Engineer and which provides the City with the authority to enter upon the property to install said improvements using the money placed in escrow in the event the improvements are not installed by the date certain determined by the City Engineer. 3. The estimated cost of all improvements required of the lot shall be as determined by the City Engineer. Within thirty days of certification by the City that all required improvements have been satisfactorily installed, said escrow amount shall be refunded without interest to the person or company depositing such escrow with the City. 4. All persons or companies requesting a certificate of occupancy pursuant to paragraph 2 of this ordinance shall pay the City a non-refundable 1 administration fee of $75 for the processing of the escrow and escrow agreement. Said fee may be modified from time to time by resolution of the City Council. 5. This ordinance shall apply to all residential dwelling units within the City which have not received a final certificate of occupancy at the time this ordinance becomes effective. This ordinance shall be effective upon its passage and publication in the official newspaper of the City. Passed this 2nd day of October, 2000. ATTEST: City Administrator Mayor 2 Recommendations For City of Albertville, Minnesota $2,550,000 General Obligation Sewer Revenue Bonds, Series 2000A Presented to: Mayor John Olson Members, City Council Ms. Linda Goeb, Administrator City of Albertville 5975 Main Avenue NE Albertville, MN 55301 Study No.: A0116D2 SPRINGSTED Incorporated September 27, 2000 Zf,zjo SPRINGSTED Public Finance Advisors RECOMMENDATIONS Re: Recommendations for the Issuance of $2,550,000 General Obligation Sewer Revenue Bonds, Series 2000A We recommend the following for the Bonds: 2. 3. 4 5 0 7 Sale Date and Time Authority and Purpose Principal Amount of Offering Repayment Term Source of Payments Prepayment Provisions Credit Rating Comments 8. Federal Treasury Regulations Concerning Tax -Exempt Obligations Monday, November 20, 2000 at 11:00 A.M., with award by the City Council at 7:00 P.M. that same evening. The Bonds are being issued pursuant to Minnesota Statutes, Chapters 444 and 475. The proceeds of the Bonds are being used to finance improvements to the City's wastewater treatment facilities. $2,550,000 The Bonds will mature annually each February 1, 2002 through 2016. Interest will be payable semi-annually each February 1 and August 1, commencing August 1, 2001. The Bonds will be repaid from net revenues of the City's sanitary sewer utility, including SAC charges transferred to the utility fund from the capital projects fund. The City may elect on February 1, 2008, and on any day thereafter, to prepay Bonds due on or after February 1, 2009 at a price of par plus accrued interest. The Bonds will be sold without a credit rating. The cost of a rating is not expected to be recovered by significantly lower interest costs. (a) Bank Qualification Under Federal Tax Law, financial institutions cannot deduct from income for federal income tax purposes, income expense that is allocable to carrying and acquiring tax-exempt bonds. There is an exemption to this for "bank -qualified" bonds, which can be so designated if the issuer does not issue more than $10 million of tax exempt bonds in a calendar year. Issues that are bank - qualified receive slightly lower interest rates than issues that are not bank -qualified. We understand the City does not expect to issue City of Albertville, Minnesota September 27, 2000 (b) Rebate Requirements (c) Bona Fide Debt Service Fund more than $10 million in 2000, therefore the Bonds are designated as bank -qualified. All tax-exempt issues are subject to the federal arbitrage and rebate requirements, which require all excess earnings created by the financing to be rebated to the U.S. Treasury. The requirements generally cover two categories: bond proceeds and debt service funds. There are exemptions from rebate in both of these categories. For bond proceeds, a "small issuer' exemption exists if the City issues less than $5 million in tax-exempt debt during a calendar year. The City expects to issue less than $5 million in 2000, so this issue is therefore exempt from rebating excess earnings on Bond proceeds to the U.S. Treasury. The City must maintain a bona fide debt service fund for the Bonds or be subject to yield restriction or pay back excess investment earnings in the debt service fund to the federal government. A bona fide debt service fund is a fund for which there is an equal matching of revenue to debt service expense, with carry over permitted equal to the greater of the investment earnings in the fund during that year or 1/12 the debt service of that year. (d) Economic Life The average life of the Bonds cannot exceed 120% of the economic life of the project to be financed. The economic life of wastewater treatment facilities is 50 years. The average life of the issue is 6.541 years; therefore, the Bonds are within the economic life requirements. 9. Continuing Disclosure This issue is subject to the SEC's continuing disclosure requirements. These rules require the City to undertake an annual update of its Official Statement information and report any material events to the national repositories. Since the City has less than $10 million of debt outstanding, the SEC allows the City to choose between two methods of disclosure. The first method, referred to as "limited disclosure," requires the City to identify a person who the public could contact to Page 2 City of Albertville, Minnesota September 27, 2000 10. Attachments request information. This information is limited to that which the City customarily prepares and makes publicly available, as well as certain specified material events. The second method, known as "full disclosure," requires the City to file an annual report, including updated Official Statement information, with each of the four national information repositories. We recommend the City obligate itself to provide "limited disclosure," which is the minimum requirement at this time. • Sources and Uses of Funds • Debt Service Schedule Terms of Proposal DISCUSSION Proceeds of the Bonds, together with $1,000,000 of City funds, will be used to finance the expansion of the City's wastewater treatment facility. Attached on page 4 is a listing of the sources and uses of funds to finance the project costs as well as the issuance costs and underwriter's discount, resulting in an issue size of $2,550,000. The debt service schedule for this issue is shown on page 5. Columns 1 through 5 show the years and amounts of principal and estimated interest due on the Bonds. Column 6 shows the debt service requirements of the City's 1999 PFA Loan, which also financed wastewater treatment facility improvements and which also is payable from sewer revenues. Column 7 combines the projected payments for this issue and the PFA loan payments. Column 8 shows the projection of SAC charges to be collected, based on City projections of the number of new units and the charge per unit provided at the bottom of page 5. The Bonds were structured to match the SAC charge revenue stream after taking into account the PFA loan payments. The length of the issue is set at 15 years to target a retained SAC fund balance level of at least $1 million. It is anticipated that future wastewater facilities capital projects will be able to be funded from this balance. Respectfully submitted, SP INGSTED Incorporated Page 3 z I r City of Albertville, Minnesota $2,550,000 G.O. Sewer Revenue Bonds, Series 2000A SOURCES & USES I Dated 12/01 /2000 Delivered 12/01 /2000 1 SOURCES OF FUNDS Par Amount of Bonds.......................................................... $2,550,000.00 Contribution from SAC Fund Balance .................................. 1,000,000.00 TOTAL SOURCES.............................................................. $3,550,000.00 USES OF FUNDS Deposit to Project Construction Fund .................................. 3,500,000.00 Total Underwriter's Discount(1.250%) ............................... 31,875.00 Costs of Issuance............................................................... 21,800.00 Rounding Amount............................................................... (3,675.00) TOTAL USES..................................................................... $3,550,000.00 Springsted Incorporated Public Finance Advisors He = ALBERTVILLE.SF-15 Yr. Cash Contrib 9/2&2000 2.45 PM Page 4 City of Albertville, Minnesota $2,550,000 G.O. Sewer Revenue Bonds, Series 2000A DEBT SERVICE SCHEDULE Total Est. Annual Existing PFA Combined SAC Charge Surplus SAC Fund Date Principal Coupon Interest Total PSI Loan Pymts Debt Service Revenues' (Deficit) Balance (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 12/31 /1999 1,020,000.00 2/012001 - - - - 102,536.70 102,536.70 507,000.00 404,463.30 1,424,463.30 2/01/2002 285,000.00 4.800% 154,968.33 439,968.33 102,536.70 542,505.03 520,000.00 (22,505.03) 1,401,958.27 2/01/2003 335,000.00 4.900% 119,150.00 454,150.00 102,536.70 556,686.70 533,000.00 (23,686.70) 1,378,271.57 2/01/2004 365,000.00 5.000% 102,735.00 467,735.00 102,536.70 570,271.70 546,000.00 (24,271.70) 1,353,999.87 2/01/2005 170,000.00 5.100% 84,485.00 254,485.00 102,536.70 357,021.70 344,000.00 (13,021.70) 1,340,978.17 2/01/2006 190,000.00 5.150% 75,815.00 265,815.00 102,536.70 368,351.70 352,000.00 (16,351.70) 1,324,626.47 2/01/2007 205,000.00 5.200% 66,030.00 271,030.00 102,536.70 373,566.70 360,000.00 (13,566.70) 1,311,059.77 2/01/2008 225,000.00 5.250% 55,370.00 280,370.00 102,536.70 382,906.70 368,000.00 (14,906.70) 1,296,153.07 2/01/2009 50,000.00 5.300% 43,557.50 93,557.50 102,536.70 196,094.20 188,000.00 (8,094.20) 1,288,058.87 2/01/2010 55,000.00 5.400% 40,907.50 95,907.50 102,536.70 198,444.20 192,000.00 (6,444.20) 1,281,614.67 2/01/2011 65,000.00 5.500% 37,937.50 102,937.50 102,536.70 205,474.20 196,000.00 (9,474.20) 1,272,140.47 2/012012 70,000.00 5.550% 34,362.50 104,362.50 102,536.70 206,899.20 200,000.00 (6,899.20) 1,265,241.27 2/012013 80,000.00 5.600% 30,477.50 110,477.50 102,536.70 213,014.20 204,000.00 (9,014.20) 1,256,227.07 2/012014 90,000,00 5.650% 25,997.50 115,997.50 102,536.70 218,534.20 208,000.00 (10,534.20) 1,245,692.87 2/012015 150,000.00 5.700% 20,912.50 170,912.50 51,267.99 222,180.49 212,000.00 (10,180.49) 1,235,512.38 2/012016 215,000.00 5.750% 12,362.50 227,362.50 - 227,362.50 216,000.00 (11,362.50) 1,224,149.88 Total 2,550,000.00 - 905,068.33 3,455,068.33 1,486,781.79 4,941,850.12 5,146,000.00 204,149.88 Dated....................................................................................................... 12/012000 DeliveryDate........................................................................................... 12/012000 First Coupon Date................................................................................... 8/012001 YIELD STATISTICS Bond Year Dollars.................................................................................... $16,680.00 AverageLife............................................................................................ 6.541 Years AverageCoupon...................................................................................... 5.4260691 % Net Interest Cost(NIC)............................................................................ 5.6171663% True Interest Cost (TIC)........................................................................... 5.6376245% Bond Yield for Arbitrage Purposes........................................................... 5.3902052% All Inclusive Cost(AIC)............................................................................ 5.8099132% ' Estimated SAC charge revenues are based on the following City projections: Collection Bond Est. Charge Total Year Year # of Units Per Unit Revenues 2000 2001 130 $3,900 $507,000 2001 2002 130 4,000 520,000 2002 2003 130 4,100 533,000 2003 2004 130 4,200 546,000 2004 2005 80 4,300 344,000 2005 2006 80 4,400 352,000 2006 2007 80 4,500 360,000 2007 2008 80 4,600 368,000 2008 2009 40 4,700 188,000 2009 2010 40 4,800 192,000 2010 2011 40 4,900 196,000 2011 2012 40 5,000 200,000 2012 2013 40 5,100 204,000 2013 2014 40 5,200 208,000 2014 2015 40 5,300 212,000 2015 2016 40 5,400 216,000 Spnngsted Incorporated Public Finance Advisors File = ALBERTVILLE.SF- 15 Yr Cash ConMlb 9/252000 2:16 PM Page 5 THE CITY HAS AUTHORIZED SPRINGSTED INCORPORATED TO NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE FOLLOWING BASIS: TERMS OF PROPOSAL - $2,550,000 CITY OF ALBERTVILLE, MINNESOTA GENERAL OBLIGATION SEWER REVENUE BONDS, SERIES 2000A (BOOK ENTRY ONLY) Proposals for the Bonds will be received on Monday, November 20, 2000, until 11:00 A.M., Central Time, at the offices of Springsted Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota, after which time they will be opened and tabulated. Consideration for award of the Bonds will be by the City Council at 7:00 P.M., Central Time, of the same day. SUBMISSION OF PROPOSALS Proposals may be submitted in a sealed envelope or by fax (651) 223-3046 to Springsted. Signed Proposals, without final price or coupons, may be submitted to Springsted prior to the time of sale. The bidder shall be responsible for submitting to Springsted the final Proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion in the submitted Proposal. Springsted will assume no liability for the inability of the bidder to reach Springsted prior to the time of sale specified above. All bidders are advised that each Proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner of the Proposal submitted. DETAILS OF THE BONDS The Bonds will be dated December 1, 2000, as the date of original issue, and will bear interest payable on February 1 and August 1 of each year, commencing August 1, 2001. Interest will be computed on the basis of a 360-day year of twelve 30-day months. The Bonds will mature February 1 in the years and amounts as follows: 2002 $285,000 2006 $190,000 2010 $55,000 2014 $ 90,000 2003 $335,000 2007 $205,000 2011 $65,000 2015 $150,000 2004 $365,000 2008 $225,000 2012 $70,000 2016 $215,000 2005 $170,000 2009 $ 50,000 2013 $80,000 Proposals for the Bonds may contain a maturity schedule providing for a combination of serial bonds and term bonds, provided that no serial bond may mature on or after the first mandatory sinking fund redemption date of any term bond. All term bonds shall be subject to mandatory sinking fund redemption and must conform to the maturity schedule set forth above at a price of par plus accrued interest to the date of redemption. In order to designate term bonds, the proposal must specify "Last Year of Serial Maturities" and "Years of Term Maturities" in the spaces provided on the Proposal Form. Page 6 BOOK ENTRY SYSTEM The Bonds will be issued by means of a book entry system with no physical distribution of Bonds made to the public. The Bonds will be issued in fully registered form and one Bond, representing the aggregate principal amount of the Bonds maturing in each year, will be registered in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), New York, New York, which will act as securities depository of the Bonds. Individual purchases of the Bonds may be made in the principal amount of $5,000 or any multiple thereof of a single maturity through book entries made on the books and records of DTC and its participants. Principal and interest are payable by the registrar to DTC or its nominee as registered owner of the Bonds. Transfer of principal and interest payments to participants of DTC will be the responsibility of DTC; transfer of principal and interest payments to beneficial owners by participants will be the responsibility of such participants and other nominees of beneficial owners. The purchaser, as a condition of delivery of the Bonds, will be required to deposit the Bonds with DTC. REGISTRAR The City will name the registrar which shall be subject to applicable SEC regulations. The City will pay for the services of the registrar. OPTIONAL REDEMPTION The City may elect on February 1, 2008, and on any day thereafter, to prepay Bonds due on or after February 1, 2009. Redemption may be in whole or in part and if in part at the option of the City and in such manner as the City shall determine. If less than all Bonds of a maturity are called for redemption, the City will notify DTC of the particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each participant's interest in such maturity to be redeemed and each participant will then select by lot the beneficial ownership interests in such maturity to be redeemed. All prepayments shall be at a price of par plus accrued interest. SECURITY AND PURPOSE The Bonds will be general obligations of the City for which the City will pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition the City will pledge net revenues of its sanitary sewer utility. The proceeds will be used to finance improvements to the City's sanitary sewer utility. TYPE OF PROPOSALS Proposals shall be for not less than $2,518,125 and accrued interest on the total principal amount of the Bonds. Proposals shall be accompanied by a Good Faith Deposit ("Deposit') in the form of a certified or cashier's check or a Financial Surety Bond in the amount of $25,500, payable to the order of the City. If a check is used, it must accompany the proposal. If a Financial Surety Bond is used, it must be from an insurance company licensed to issue such a bond in the State of Minnesota, and preapproved by the City. Such bond must be submitted to Springsted Incorporated prior to the opening of the proposals. The Financial Surety Bond must identify each underwriter whose Deposit is guaranteed by such Financial Surety Bond. If the Bonds are awarded to an underwriter using a Financial Surety Bond, then that purchaser is required to submit its Deposit to Springsted Incorporated in the form of a certified or cashier's check or wire transfer as instructed by Springsted Incorporated not later than 3:30 P.M., Central Time, on the next business day following the award. If such Deposit is not received by that time, the Financial Surety Bond may be drawn by the City to satisfy the Deposit requirement. The City will deposit the check of the purchaser, the amount of which will be deducted at settlement and no interest will accrue to the purchaser. In the event the purchaser fails to comply with the accepted proposal, said amount will be retained by the City. No proposal can Page 7 be withdrawn or amended after the time set for receiving proposals unless the meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to another date without award of the Bonds having been made. Rates shall be in integral multiples of 5/100 or 1/8 of 1%. Rates must be in level or ascending order. Bonds of the same maturity shall bear a single rate from the date of the Bonds to the date of maturity. No conditional proposals will be accepted. The Bonds will be awarded on the basis of the lowest interest rate to be determined on a true interest cost (TIC) basis. The City's computation of the interest rate of each proposal, in accordance with customary practice, will be controlling. The City will reserve the right to: (i) waive non -substantive informalities of any proposal or of matters relating to the receipt of proposals and award of the Bonds, (ii) reject all proposals without cause, and, (iii) reject any proposal which the City determines to have failed to comply with the terms herein. BOND INSURANCE AT PURCHASER'S OPTION If the Bonds qualify for issuance of any policy of municipal bond insurance or commitment therefor at the option of the underwriter, the purchase of any such insurance policy or the issuance of any such commitment shall be at the sole option and expense of the purchaser of the Bonds. Any increased costs of issuance of the Bonds resulting from such purchase of insurance shall be paid by the purchaser, except that, if the City has requested and received a rating on the Bonds from a rating agency, the City will pay that rating fee. Any other rating agency fees shall be the responsibility of the purchaser. Failure of the municipal bond insurer to issue the policy after Bonds have been awarded to the purchaser shall not constitute cause for failure or refusal by the purchaser to accept delivery on the Bonds. CUSIP NUMBERS If the Bonds qualify for assignment of CUSIP numbers such numbers will be printed on the Bonds, but neither the failure to print such numbers on any Bond nor any error with respect thereto will constitute cause for failure or refusal by the purchaser to accept delivery of the Bonds. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the purchaser. SETTLEMENT Within 40 days following the date of their award, the Bonds will be delivered without cost to the purchaser through DTC in New York, New York. Delivery will be subject to receipt by the purchaser of an approving legal opinion of Kennedy & Graven, Chartered of Minneapolis, Minnesota, and of customary closing papers, including a no -litigation certificate. On the date of settlement, payment for the Bonds shall be made in federal, or equivalent, funds which shall be received at the offices of the City or its designee not later than 12:00 Noon, Central Time. Except as compliance with the terms of payment for the Bonds shall have been made impossible by action of the City, or its agents, the purchaser shall be liable to the City for any loss suffered by the City by reason of the purchaser's non-compliance with said terms for payment. Page 8 CONTINUING DISCLOSURE At the time of delivery of the Bonds, the City will not be obligated with respect to more than $10,000,000 of outstanding municipal securities, including the Bonds being offered hereby. In order to assist bidders in complying with SEC Rule 15c2-12, as amended, the City will enter into a Continuing Disclosure Certificate pursuant to which it will covenant to provide upon request certain financial information or operating data that is customarily prepared and is publicly available and notices of certain material events to the limited extent required by SEC Rule 15c2-12(d)(2). The Continuing Disclosure Certificate will be set forth in the Official Statement. OFFICIAL STATEMENT The City has authorized the preparation of an Official Statement containing pertinent information relative to the Bonds, and said Official Statement will serve as a nearly -final Official Statement within the meaning of Rule 15c2-12 of the Securities and Exchange Commission. For copies of the Official Statement or for any additional information prior to sale, any prospective purchaser is referred to the Financial Advisor to the City, Springsted Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota 55101, telephone (651) 223-3000. The Official Statement, when further supplemented by an addendum or addenda specifying the maturity dates, principal amounts and interest rates of the Bonds, together with any other information required by law, shall constitute a "Final Official Statement" of the City with respect to the Bonds, as that term is defined in Rule 15c2-12. By awarding the Bonds to any underwriter or underwriting syndicate submitting a proposal therefor, the City agrees that, no more than seven business days after the date of such award, it shall provide without cost to the senior managing underwriter of the syndicate to which the Bonds are awarded 100 copies of the Official Statement and the addendum or addenda described above. The City designates the senior managing underwriter of the syndicate to which the Bonds are awarded as its agent for purposes of distributing copies of the Final Official Statement to each Participating Underwriter. Any underwriter delivering a proposal with respect to the Bonds agrees thereby that if its proposal is accepted by the City (i) it shall accept such designation and (ii) it shall enter into a contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring the receipt by each such Participating Underwriter of the Final Official Statement. Dated October 2, 2000 9/27/00 8:47 AM BY ORDER OF THE CITY COUNCIL /s/ Linda Goeb City Administrator Page 9 Extract of Minutes of Meeting of the City Council of the City of Albertville, Wright County, Minnesota Pursuant to due call and notice thereof a regular meeting of the City Council of the City of Albertville, Wright County, Minnesota, was held at the City Hall in the City on Monday, October 2, 2000, commencing at 7:00 P.M. The following members of the Council were present: and the following were absent: its adoption: The following resolution was presented by Councilmember moved RESOLUTION NO.2000-29 RESOLUTION AUTHORIZING THE NEGOTIATION OF THE SALE OF $2,550,000 GENERAL OBLIGATION SEWER REVENUE BONDS, SERIES 2000A BE IT RESOLVED By the City Council of the City of Albertville, Wright County, Minnesota (City) as follows: 1. It is determined that: (a) the following assessable public improvements (the Improvements) have been made, duly ordered or contracts let for the construction thereof, by the City pursuant to the provisions of Minnesota Statutes, Chapter 429 (Act); Project Designation & Description: Total Project Cost Sources of Funds Par Amount of Bonds $2,550,000.00 Contribution from SAC Fund Balance 1,000,000.00 TOTAL SOURCES $3,550,000.00 Uses of Funds Deposit to Project Construction Fund $ 3,500,000.00 Total Underwriter's Discount 31,875.00 Costs of Issuance 21,800.00 Rounding Amount (3,675.00) TOTAL USES $3,550,000.00 (b) it is necessary and expedient to the sound financial management of the affairs of the City to issue $2,550,000 General Obligation Sewer Revenue Bonds, Series 2000A (Bonds) pursuant to the Act to provide financing for the Improvements. 2. Springsted Incorporated, financial adviser to the City, is hereby authorized, pursuant to Minnesota Statutes, Section 475.60, Subdivision 2(9), to solicit offers for the purchase of the Bonds, in accordance with the Terms of Proposal attached to this resolution as Exhibit A, and to circulate information relating to the terms and conditions of the Bonds. 3. The City Council will meet at 7:00 p..m. on Monday, November 20, 2000, to consider proposals on the Bonds and take any other appropriate action with respect to the Bonds. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember , and upon vote being taken thereon the following members voted in favor of the motion: and the following voted against: whereupon the resolution was declared duly passed and adopted. EXHIBIT A THE CITY HAS AUTHORIZED SPRINGSTED INCORPORATED TO NEGOTIATE THIS ISSUE ON ITS BEHALF. PROPOSALS WILL BE RECEIVED ON THE FOLLOWING BASIS: TERMS OF PROPOSAL $2,550,000 CITY OF ALBERTVILLE, MINNESOTA GENERAL OBLIGATION SEWER REVENUE BONDS, SERIES 2000A (BOOK ENTRY ONLY) Proposals for the Bonds will be received on Monday, November 20, 2000, until 11:00 A.M., Central Time, at the offices of Springsted Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota, after which time they will be opened and tabulated. Consideration for award of the Bonds will be by the City Council at 7:00 P.M., Central Time, of the same day. SUBMISSION OF PROPOSALS Proposals may be submitted in a sealed envelope or by fax (651) 223-3046 to Springsted. Signed Proposals, without final price or coupons, may be submitted to Springsted prior to the time of sale. The bidder shall be responsible for submitting to Springsted the final Proposal price and coupons, by telephone (651) 223-3000 or fax (651) 223-3046 for inclusion in the submitted Proposal. Springsted will assume no liability for the inability of the bidder to reach Springsted prior to the time of sale specified above. All bidders are advised that each Proposal shall be deemed to constitute a contract between the bidder and the City to purchase the Bonds regardless of the manner of the Proposal submitted. DETAILS OF THE BONDS The Bonds will be dated December 1, 2000, as the date of original issue, and will bear interest payable on February 1 and August 1 of each year, commencing August 1, 2001. Interest will be computed on the basis of a 360-day year of twelve 30-day months. The Bonds will mature February 1 in the years and amounts as follows: 2002 $285,000 2006 $190,000 2010 $55,000 2014 $ 90,000 2003 $335,000 2007 $205,000 2011 $65,000 2015 $150,000 2004 $365,000 2008 $225,000 2012 $70,000 2016 $215,000 2005 $170,000 2009 $ 50,000 Proposals for the Bonds may contain a maturity schedule providing for a combination of serial bonds and term bonds, provided that no serial bond may mature on or after the first mandatory sinking fund redemption date of any term bond. All term bonds shall be subject to mandatory sinking fund redemption and must conform to the maturity schedule set forth above at a price of par plus accrued interest to the date of redemption. In order to designate term bonds, the proposal must specify "Last Year of Serial Maturities" and "Years of Term Maturities" in the spaces provided on the Proposal Form. BOOK ENTRY SYSTEM The Bonds will be issued by means of a book entry system with no physical distribution of Bonds made to the public. The Bonds will be issued in fully registered form and one Bond, representing the aggregate principal amount of the Bonds maturing in each year, will be registered in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), New York, New York, which will act as securities depository of the Bonds. Individual purchases of the Bonds may be made in the principal amount of $5,000 or any multiple thereof of a single maturity through book entries made on the books and records of DTC and its participants. Principal and interest are payable by the registrar to DTC or its nominee as registered owner of the Bonds. Transfer of principal and interest payments to participants of DTC will be the responsibility of DTC; transfer of principal and interest payments to beneficial owners by participants will be the responsibility of such participants and other nominees of beneficial owners. The purchaser, as a condition of delivery of the Bonds, will be required to deposit the Bonds with DTC. REGISTRAR The City will name the registrar which shall be subject to applicable SEC regulations. The City will pay for the services of the registrar. OPTIONAL REDEMPTION The City may elect on February 1, 2008, and on any day thereafter, to prepay Bonds due on or after February 1, 2009. Redemption may be in whole or in part and if in part at the option of the City and in such manner as the City shall determine. If less than all Bonds of a maturity are called for redemption, the City will notify DTC of the particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each participant's interest in such maturity to be redeemed and each participant will then select by lot the beneficial ownership interests in such maturity to be redeemed. All prepayments shall be at a price of par plus accrued interest. SECURITY AND PURPOSE The Bonds will be general obligations of the City for which the City will pledge its full faith and credit and power to levy direct general ad valorem taxes. In addition the City will pledge net revenues of its sanitary sewer utility. The proceeds will be used to finance improvements to the City's sanitary sewer utility. TYPE OF PROPOSALS Proposals shall be for not less than $2,518,125 and accrued interest on the total principal amount of the Bonds. Proposals shall be accompanied by a Good Faith Deposit ("Deposit") in the form of a certified or cashier's check or a Financial Surety Bond in the amount of $25,500, payable to the order of the City. If a check is used, it must accompany the proposal. If a Financial Surety Bond is used, it must be from an insurance company licensed to issue such a bond in the State of Minnesota, and preapproved by the City. Such bond must be submitted to Springsted Incorporated prior to the opening of the proposals. The Financial Surety Bond must identify each underwriter whose Deposit is guaranteed by such Financial Surety Bond. If the Bonds are awarded to an underwriter using a Financial Surety Bond, then that purchaser is required to submit its Deposit to Springsted Incorporated in the form of a certified or cashier's check or wire transfer as instructed by Springsted Incorporated not later than 3:30 P.M., Central Time, on the next business day following the award. If such Deposit is not received by that time, the Financial Surety Bond may be drawn by the City to satisfy the Deposit requirement. The City will deposit the check of the purchaser, the amount of which will be deducted at settlement and no interest will accrue to the purchaser. In the event the purchaser fails to comply with the accepted proposal, said amount will be retained by the City. No proposal can be withdrawn or amended after the time set for receiving proposals unless the meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to another date without award of the Bonds having been made. Rates shall be in integral multiples of 5/100 or 1/8 of 1%. Rates must be in level or ascending order. Bonds of the same maturity shall bear a single rate from the date of the Bonds to the date of maturity. No conditional proposals will be accepted. AWARD The Bonds will be awarded on the basis of the lowest interest rate to be determined on a true interest cost (TIC) basis. The City's computation of the interest rate of each proposal, in accordance with customary practice, will be controlling. The City will reserve the right to: (i) waive non -substantive informalities of any proposal or of matters relating to the receipt of proposals and award of the Bonds, (ii) reject all proposals without cause, and, (iii) reject any proposal which the City determines to have failed to comply with the terms herein. BOND INSURANCE AT PURCHASER'S OPTION If the Bonds qualify for issuance of any policy of municipal bond insurance or commitment therefor at the option of the underwriter, the purchase of any such insurance policy or the issuance of any such commitment shall be at the sole option and expense of the purchaser of the Bonds. Any increased costs of issuance of the Bonds resulting from such purchase of insurance shall be paid by the purchaser, except that, if the City has requested and received a rating on the Bonds from a rating agency, the City will pay that rating fee. Any other rating agency fees shall be the responsibility of the purchaser. Failure of the municipal bond insurer to issue the policy after Bonds have been awarded to the purchaser shall not constitute cause for failure or refusal by the purchaser to accept delivery on the Bonds. CUSIP NUMBERS If the Bonds qualify for assignment of CUSIP numbers such numbers will be printed on the Bonds, but neither the failure to print such numbers on any Bond nor any error with respect thereto will constitute cause for failure or refusal by the purchaser to accept delivery of the Bonds. The CUSIP Service Bureau charge for the assignment of CUSIP identification numbers shall be paid by the purchaser. SETTLEMENT Within 40 days following the date of their award, the Bonds will be delivered without cost to the purchaser through DTC in New York, New York. Delivery will be subject to receipt by the purchaser of an approving legal opinion of Kennedy & Graven, Chartered of Minneapolis, Minnesota, and of customary closing papers, including a no -litigation certificate. On the date of settlement, payment for the Bonds shall be made in federal, or equivalent, funds which shall be received at the offices of the City or its designee not later than 12:00 Noon, Central Time. Except as compliance with the terms of payment for the Bonds shall have been made impossible by action of the City, or its agents, the purchaser shall be liable to the City for any loss suffered by the City by reason of the purchaser's non-compliance with said terms for payment. CONTINUING DISCLOSURE At the time of delivery of the Bonds, the City will not be obligated with respect to more than $10,000,000 of outstanding municipal securities, including the Bonds being offered hereby. In order to assist bidders in complying with SEC Rule 15c2-12, as amended, the City will enter into a Continuing Disclosure Certificate pursuant to which it will covenant to provide upon request certain financial information or operating data that is customarily prepared and is publicly available and notices of certain material events to the limited extent required by SEC Rule 15c2-12(d)(2). The Continuing Disclosure Certificate will be set forth in the Official Statement. OFFICIAL STATEMENT The City has authorized the preparation of an Official Statement containing pertinent information relative to the Bonds, and said Official Statement will serve as a nearly -final Official Statement within the meaning of Rule 15c2-12 of the Securities and Exchange Commission. For copies of the Official Statement or for any additional information prior to sale, any prospective purchaser is referred to the Financial Advisor to the City, Springsted Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota 55101, telephone (651) 223-3000. The Official Statement, when further supplemented by an addendum or addenda specifying the maturity dates, principal amounts and interest rates of the Bonds, together with any other information required by law, shall constitute a "Final Official Statement" of the City with respect to the Bonds, as that term is defined in Rule 15c2-12. By awarding the Bonds to any underwriter or underwriting syndicate submitting a proposal therefor, the City agrees that, no more than seven business days after the date of such award, it shall provide without cost to the senior managing underwriter of the syndicate to which the Bonds are awarded 100 copies of the Official Statement and the addendum or addenda described above. The City designates the senior managing underwriter of the syndicate to which the Bonds are awarded as its agent for purposes of distributing copies of the Final Official Statement to each Participating Underwriter. Any underwriter delivering a proposal with respect to the Bonds agrees thereby that if its proposal is accepted by the City (i) it shall accept such designation and (ii) it shall enter into a contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring the receipt by each such Participating Underwriter of the Final Official Statement. Dated October 2, 2000 BY ORDER OF THE CITY COUNCIL /s/ Linda Goeb City Administrator STATE OF MINNESOTA COUNTY OF WRIGHT CITY OF ALBERTVILLE I, the undersigned, being the duly qualified and acting City Administrator of the City of Albertville, Minnesota, hereby certify that I have carefully compared the attached and foregoing extract of minutes of a regular meeting of the City Council of the City held on Monday, October 2, 2000 with the original minutes on file in my office and the extract is a full, true and correct copy of the minutes, insofar as they relate to the issuance and sale of 2,550,000 General Obligation Sewer Revenue Bonds, Series 2000A of the City. WITNESS My hand as City Administrator and the corporate seal of the City this day of October, 2000 City Administrator City of Albertville, Minnesota (SEAL) SeC� TAX IMPACT STATEMENT A9 COX Taxes Payable 2001 2000 Taxes 2001 Taxes Total Market Value $ 138,269,000 $ 181,001,900 Median Residential Market Value $115,000 $ 125,900 Net Tax Capacity $ 1,950,966 1 $ 2,786,444 2000 Taxes 2001 Taxes General Fund $ 669,611 $ 1,122,719 Debt Service $ 216,606 $ 175,070 Total Lev $ 886,217 $ 1,297,789 Net Tax Capacity $ 1,950,966 1 $ 2,786,444 Net Tax Capacity Rate 0.454 1 0.466 PROPERTY TAX RATES FOR 2001 RESIDENTIAL HOMESTEAD TAXES: Market Value $76,000 or less - 1.0% Market Value over $76,000 - 1.65% TAX RATE COMPARISON Actual 2000 Taxes 6% Increase in MV 2001 Taxes Median Residential Market Value 115,000 121,900 125,900 Tax Rates x1 % & 1.65% x1 % & 1.65% x1 % & 1.65% Tax Capacity 1,403.50 1,517.35 1,583.35 Tax Capacity Rate 0.454 0.454 1 0.466 City Portion of Property Tax $ 637.53 1 $ 689.25 1 $ 737.45 PROPERTY TAX CHANGE Actual 2000 Property Tax Payable $ 637.53 2001 Taxes with No Levy Increase & 6% Increased MV $ 689.25 2001 Proposed Property Tax $ 737.45 Net Change $ 48.20 7% Increase C:MyDocuments\Tax Impact Statement.xls 9/26/00 at 9:44 AM